News

Invaluable News related to Startups, Entrepreneurs, Corporates, Policies and stories which disrupts the startup ecosystem of MENA and India.

  • Zoomcar is planning to acquire Revv – Hyundai may invest in the merger

    The Bengaluru-based self-drive car rental startup Zoomcar is advancing into its plans to acquire its Gurugram-based competitor Revv.

  • [Big News] Uber closes the acquisition of Middle-Eastern rival Careem for $3.1 Billion

    Careem Networks FZ-LLC is now a wholly-owned subsidiary of Uber. The co-founder & CEO of Careem Mudassir Sheikha will continue to lead the Careem business…

  • Government is planning to ask unlisted companies for quarterly or half-yearly financial statements

    the government might ask unlisted companies to submit financial statements on a quarterly or half-yearly basis.

  • Cairo-based e-commerce enabler ExpandCart raises undisclosed sum from Agility Ventures

    Agility Ventures, the venture capital arm of the global logistics company Agility has recently invested an undisclosed amount in ExpandCart…

  • Fashor – Chennai-based women’s apparel brand raises $1 Mn from Sprout Venture Partners

    The Chennai-based women’s fashion and apparel brand Fashor has recently raised $1 million in a Pre-Series A round led by Sprout Venture Partners…

  • Mubadala to decide on investing $6 bn in Pakistan’s refinery project by 2021

    Abu-Dhabi’s Mubadala Investment Company has recently shared its word about investing $6 billion (AED22.03bn) in Pakistani refinery project.

  • Delhi-based fintech startup WealthBucket Raises Pre-Series A Round of INR 18 Cr

    WealthBucket.in, which runs an online platform for mutual fund investments, has raised INR 18 Cr from NorthStar, Vinod Khatumal & other HNIs…

  • DIFC Partners with Industry Leaders to Propel the Regional Insurance Landscape

    Brand-new certified insurance courses introduced to the DIFC Academy in collaboration with Lloyd’s and Chartered Insurance Institute…

  • HyperPay – A leading payment processing platform of MENA raises 8 figures from Mad’a

    The leading payment processing platform of MENA region HyperPay yesterday raised an undisclosed amount of 8 figures from Mad’s Investment Company…

  • Oman Arab Bank (OAB) conducted a workshop with Injaz Oman to Support Young Entrepreneurs

    Injaz Oman is a non-profit organisation that hosts a spectrum of educational workshops to help young individuals of Oman build entrepreneurial skills